TEN (NASDAQ:XHLD) Issues Quarterly Earnings Results

TEN (NASDAQ:XHLD) released its earnings results on Friday. The company reported ($0.73) EPS for the quarter, Zacks reports. TEN had a negative return on equity of 425.87% and a negative net margin of 628.51%.

TEN Stock Down 10.7%

Shares of NASDAQ XHLD traded down $0.16 during midday trading on Friday, hitting $1.34. 59,316 shares of the stock traded hands, compared to its average volume of 2,045,393. The stock has a 50-day moving average price of $1.43. The stock has a market capitalization of $5.33 million, a price-to-earnings ratio of -0.22 and a beta of 2.38. TEN has a one year low of $1.03 and a one year high of $13.47.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TEN in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

TEN Company Profile

We are a provider of event planning, production, and broadcasting services headquartered in Pennsylvania. We mainly produce virtual and hybrid events and physical events. Virtual and hybrid events involve virtual and hybrid event planning, production and broadcasting services, and continuing education services, all of which are supported by our proprietary Xyvid Pro Platform. Physical events mainly involve live streaming and video recording of physical events. TEN Holdings, Inc was incorporated under the laws of the State of Pennsylvania as a business corporation on February 12, 2024.